27 November 2009
Client's Bill for Mar.'09 for commission are accounted by his customer in 1st quarter of 2009-10.TDS on the same is also deducted in 1st Quarter of 2009-10. Can my client avail TDS credit in the previous year i.e. 2008-09.As payment is recd.in 2008-09 my client has to a/c in 2008-09.
But as per the latest tax credit statements given by the NSDL, the assessment year in which the tax has been deducted will not match with what we would be filing.
As such will the Tax Department consider the case and grant us the credit.
But as per the latest tax credit statements given by the NSDL, the assessment year in which the tax has been deducted will not match with what we would be filing.
As such will the Tax Department consider the case and grant us the credit.
CAclubindia
